| Forex loss and how to report it on Tax-cut software?

Forex loss and how to report it on Tax-cut software?

silversurfer_444 asked:


Please help! I have a loss of nearly 3,000 USD from forex trading, I am using tax-cut from HR and there seems to be no place to report the loss except as a carry over loss, but since this happened in 2006 I can’t do that either. I went under stocks etc. , that does not seem to be the right place either!

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One Response to “Forex loss and how to report it on Tax-cut software?”

  1. magpiez on September 2nd, 2009 10:38 am

    Ring the supplier for technical support. I am not familiar with the package so cant offer any suggestions. The advantage to calling the supplier is that if by some oversight the software cant cope with your transactions then it may prompt them to upgrade it.